Eagle Materials revenue up by 5% to US$933m in first nine months of 2017 financial year

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US: Eagle Materials revenue has risen by 5% year-on-year to US$933m in the first nine months of its financial year to 31 March 2017 from US$891m in the same period in the previous year. Its net earnings rose by 43% to US$162m from US$113m. Sales from its cement division rose by 7% to US$359m from US$335m. However, sales volumes fell slightly to 3.89Mt. Sales volumes of cement from its joint-venture in Texas grew faster than wholly-owned plants, despite cement prices falling as production shifted from oil well cement to construction-grade cement over the past year.

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URL: https://globalcement.com/news/item/5720-eagle-materials-revenue-up-by-5-to-us-933m-in-first-nine-months-of-2017-financial-year

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